FNF Group of Fidelity National Financial (FNF) is Downgraded by Keefe Bruyette to Mkt Perform

FNF Group of Fidelity National Financial (FNF) was Downgraded by Keefe Bruyette to ” Mkt Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Jul 18, 2016.

Many Wall Street Analysts have commented on FNF Group of Fidelity National Financial. Company shares were Reiterated by Piper Jaffray on Jul 5, 2016 to “Overweight”, Firm has raised the Price Target to $ 43 from a previous price target of $38 .

On the company’s financial health, FNF Group of Fidelity National Financial reported $0.33 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.36. The company had revenue of $1719.00 million for the quarter, compared to analysts expectations of $1683.09 million. The company’s revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

FNF Group of Fidelity National Financial closed down -0.04 points or -0.11% at $37.3 with 10,85,392 shares getting traded on Friday. Post opening the session at $37.38, the shares hit an intraday low of $37.14 and an intraday high of $37.555 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jul 7, 2016, Michael Joseph Nolan (President) sold 9,978 shares at $11.34 per share price. According to the SEC, on Jun 29, 2016, Raymond R Quirk (Chief Executive Officer) sold 161,199 shares at $35.06 per share price. On Jun 27, 2016, Brent B Bickett (Executive Vice President) sold 34,542 shares at $35.17 per share price, according to the Form-4 filing with the securities and exchange commission.

FNF Group of Fidelity National Financial

Leave a Reply

FNF Group of Fidelity National Financial - Is it time to Sell?

Top Brokerage Firms are advising their investors on FNF Group of Fidelity National Financial. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.